Save time. Be more efficient. Insure large deposits.
FDIC Protection on Higher Balances
Simplify your banking plus add protection for your deposits.
Avoid the hassle of working with multiple banks to insure your funds.
Enjoy full FDIC insurance on deposits larger than $250,000** with Bank Midwest’s Insured Cash Sweep® (ICS) service.
This service has an accepted network of banks where we place your over-insurance limit checking, savings and money market funds. And, it tracks that your funds are maintained by Bank Midwest. You can enjoy peace of mind and the convenience of working with one bank.
**Limits apply.
Withdrawals
- Enjoy unlimited withdrawals when using the ICS checking (demand) option.
- Or, make up to 6 program withdrawals per month with the ICS savings option.
Same-Day Settlement
- Same-day settlement for withdrawal transactions entered manually before 11 a.m. Central Time.
Depositor Control Panel
- Automatically tracks and reports withdrawals for the ICS savings option.
- Check balances.
- Manage transactions.
- View statements online.
Use of the ICS service is subject to the terms, conditions, and disclosure set forth in the applicable program agreements. Limits and customer eligibility criteria may apply. ICS program withdrawals are limited to six per month when using the ICS savings option. ICS, Insured Cash Sweep, are registered service marks of IntraFi Network, LLC.
Additional Business Services
Take business banking to the next level with digital services that provide more control, convenience and flexibility in managing your cash.
- Cash Management — payroll, ACH or wire services
- Online Deposit — scan your checks for deposit from your office
- Web Payments — accept online payments or donations
- Merchant Card Services — POS card payments
Ready to bank online?
If you already have an account for your business with Bank Midwest and want to bank online, call 844.238.3838 to get started.
Check out our interactive or downloadable detailed user guides with screenshots and how-to instructions.